(Finance) – Hyon it landed on today Euronext Growth Osloresulting in the second admission to the Oslo Bors markets in 2022. It is a Norwegian company that supplies bunkering solutions (refueling by means of motor tankers of the products necessary for propulsion and consumption on board ships) of zero-emission marine hydrogen. The company will supply bunkering technology to the world’s first commercial-scale filling station for pressurized hydrogen for the marine sector at Hellesylt Hydrogen Hub.
Upon opening, the price of the shares was set at 2.34 Norwegian crowns (NOK) per share, corresponding to one total value company estimate of approximately NOK 130 million (approximately EUR 13 million). The company has harvest NOK 50 million (approximately EUR 5 million) through a private placement.
“Hyon was founded in 2017 with the mission of accelerate the energy transition in the maritime sector – commented CEO Jorn Kristian Lindtvedt – We provide fast and safe hydrogen refueling for ships, both through autonomous refueling solutions and as integrated solutions combining production, storage and distribution. “” Our technology fills a gap in the hydrogen value chainbringing zero-emission fuels to ships, “he added.